Now Reading: Page Industries Q1 profit falls 3.5% to Rs 193 crore
-
01
Page Industries Q1 profit falls 3.5% to Rs 193 crore
Page Industries, the Indian licensee of Jockey and Speedo, reported a 3.5% decline in net profit to Rs 193 crore for the June quarter, down from Rs 200 crore a year ago.…
The Story in Brief
Page Industries, the Indian licensee of Jockey and Speedo, reported a 3.5% decline in net profit to Rs 193 crore for the June quarter, down from Rs 200 crore a year ago. Brokerages attribute the dip to temporary disruptions and maintain a strong outlook for FY27.
The Indian Opinion
The narrative of a 'temporary disruption' from brokerages risks downplaying consumer slowdown signals. If demand does not rebound in the festive quarter, the FY27 optimism will look hollow. The real test is the December quarter sales: will they cross Rs 1,200 crore or not?
Source: ndtvprofit.com
This story was synthesised by AI from the source linked above.
